Neighborhood report · September 2026

Somerset Place

Raleigh, Wake County, NC

Median sale price · 12 mo
$246K−15.7%
53 days+382%
Days on market
100.0%+2.7%
Sale-to-list
100%+200%
Price cuts
Neighborhood snapshot
Homes sold · 12 mo4
Active listings1
Median sale price$246K
Latest saleMay 2026

Doorify MLS · live, trailing 12 months.

Your top match agent

Top Match #1
Top agent for Raleigh
156
sold in Raleigh
99%
sold / list
118
avg days on mkt

Name & contact shared once you connect

Recent sales in Somerset Place

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
No closed listings in the last 3-month window.

Showing 0 of 0 listings in Somerset Place · last 3 months. Click any row for full details.

Market health

Somerset Place · trended 12 months

This neighborhood specifically, not the wider ZIP or city.

Median sale price
$246K 16%

Down 16% over the past year.

Days on market
53 days 382%

Taking 382% longer to sell than a year ago.

List-to-sale ratio
100.0% 3%

Closing nearer asking than a year ago.

Listings w/ price cut
100% 200%

More price cuts than a year ago.

Months of inventory
3.0months
Balanced’s market
Seller’sBalancedBuyer’s

Supply and demand are roughly in balance. Absorption rate 33% / mo · This neighborhood.

Best month to list

When homes here sell fastest, for the most.

J
F
M
A
M
J
J
A
S
O
N
D

Listings peak in February — the widest selection of the year here.

What sells here (bed/bath)
  • 3 bd50%
  • 2 bd or fewer50%
New construction vs. resale
100%
New constructionResale
Sale price spread
  • < $400K100%

Market and sales data from Doorify MLS, trailing 12 months. The matched agent’s identity is released only after a signed referral agreement.